AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
What Are Your Expectations for the Consumer Price Index?
The consumer price index, which we're ere way into. The government's effort to estimate what is happening with the prices that consumers pay. Forecasters thought it would show an increase of about two tenths of a percentage point from march to april. We saw much faster gains - eight tenths of apercentage point. Again, sounds small, but four times what economists were expecting to see?